Chancellor Kwasi Kwarteng is to accelerate the publication of his plan to cut Britain’s debt in an attempt to reassure markets after he was forced to make a humbling U-turn on a key part of his “mini-Budget”.
Kwarteng is expected to publish his medium-term fiscal plan, accompanied by official forecasts, later this month after previously insisting he would wait more than 50 days until November 23.
His attempt to reassure markets, confirmed by several government officials, came in the aftermath of a humiliating retreat on his plan to axe the 45p top rate of income tax in the face of a Tory revolt.
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